The Unholy Alliance of World-Wide Corrupt Governments and their Corporate Cronies have spent and leveraged themselves (The UK debt = 950% of its GDP!!) into the impossible corner. The Public Sectors have no choice but to confiscate the personal assets and property of the Private Sectors (That’s me and you!) It all comes down to simple math…and might. AND the precedent has just been set…front and center on the world stage at MF Global*. Wherever you think your property is safe, protected or guaranteed…think again!
Think about the following:
- Our Marxist President is on track to his #1 Objective, the “Fundamental Transformation” ofAmerica!
- Our Country’s #1 Cop (Eric Holder) is a CROOK!
- We Have a Corrupt Congress that PROFITS on its own Legislation…AT OUR EXPENSE!!
- We get our primary political and financial news (supposed to be our watchdogs!) from networks run by communists and socialists who metaphorically decapitate anyone in our society who sticks their head up in defense of Founding or Traditional Family Values!
- They’re out of money!
They are doing their level best to keep our eyes trained on the Republican Seals who would be President…while they are cutting the lifelines to our liberty and freedom behind the scenes! They are putting the final touches to the National Defense Authorization Act that will give them the authority to detain you and I indefinitely WITHOUT DUE PROCESS based SOLELY on this President’s determination of our status as “enemy combatant” (I’m screwed!)! Yeah, the Bill Obama had promised to veto…That reminds me of the joke about the two sheep who beat the rest of the herd to the Beauty Shop. It was shear luck! Baaaaaaaaaaaa…..
And now these diabolical forces have conspired to tilt the asset table of the world towards the perceived safety of US Treasuries! Yes sir, now we have all the money in the world fear-funneled into one great big dripping Honeycomb of US treasuries and a very hungry Government Bear! Have you ever seen a bear with a honeycomb?
If you have been reading my posts you know that we (in my humble but very accurate opinion) have been beyond the point of no return for a while. So what are we sheep to do? Well the first thing we need to do is realize that we are not dependent sheep, we are free-born men and women with free-will and God-given rights that no man or government of men has the right to take from us…against our will.
Next we need to urgently understand and comprehend the fact that the Set we are living on is as much a reality as your favorite Hollywood movie…produced, directed and starring most of the Godless creatures highlighted in the bullet points above! As Cyndi Lauper sang, “Money Changes Everything!” But I digress…
The Bad News – They have NO choice! They need to take what’s ours!
The Good News – They have not yet been able to write us out of the script, AND we have CHOICE…and we have GOD!
*The MF Global Shell Game – Also announced over the weekend was the jaw-dropping, yet illuminating fact that the MF Global bankruptcy was fraudulently, nefariously and illegally drawn up as a Chapter 7 BK for a SECURITIES DEALER and NOT a commodity brokerage as it should have been. Look, MF Global was the second-largest non-bank FCM in the United States next to NewEdge which is the old FIMAT. If MF Global wasn’t an FCM, then there are no FCMs. Of course it was an FCM. It had $7.2 billion in customer seg funds as of August 31, 2011. And yet MF Global was immediately, from the get-go, put into Chapter 7 BK as a SECURITIES FIRM. This is fraud. MF Global’s BK should have OBVIOUSLY been established under Subchapter IV of the Chapter 7 code as a COMMODITY BROKERAGE.
Why wasn’t this done? Because in a Subchapter IV liquidation of a commodity brokerage firm, guess who is absolutely and unequivocally at the front of the line? You guessed it: the CUSTOMERS. In the Chapter 7 liquidation of a securities firm, guess who goes to the front of the line? Uh-huh. The “creditors”, aka the counterparties on the firm’s proprietary positions. As in . . . J.P. Morgan, et al. – Ann Barnhardt